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US home turnover rate hits lowest level in decades
About 28 out of every 1,000 homes changed hands between January and September. That is the lowest U.S. home turnover rate going back to at least the 1990s, according to an analysis by Redfin.
Investors snap up growing share of US homes as traditional buyers struggle to afford one
Nearly 27% of all homes sold in the first three months of the year were bought by investors — the highest share in at least five years
Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April
The average rate on a 30-year mortgage in the U.S. edged above 6.8% this week, returning to where it was just three weeks ago.
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.08 million units.
US home sales hit fastest pace since March
Sales of previously occupied U.S. homes rose in November to their fastest pace since March with home shoppers encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher.
Forecasts predict 9% rise in home sales in 2025
The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to National Association of Realtors Chief Economist Lawrence Yun.
US home sales slowed again in September, falling to weakest annual pace in nearly 14 years
Existing home sales fell 1% last month from August, the National Association of Realtors said. That's the second straight monthly decline since October 2010.
US home sales end 4-month slide in July
Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers.
US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump
U.S. home sales to foreign nationals in the past 12 months since March were the lowest they've been since 2009.
Market for newly built homes slows as elevated mortgage rates put off many home shoppers
Homebuilders who bucked the worst of last year's housing slump may be seeing their luck run out.
Home sellers are cutting list prices as spring buying season starts with higher mortgage rates
U.S. homeowners are dropping their initial asking price due to high mortgage rates this spring.
2023 was slowest year for US home sales in nearly 30 years
Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans.
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